3-Unit Multifamily
New
For Sale
$1,550,000
1325 W 24th Street, Los Angeles, CA 90007
All three residences are vacant, with varied bedroom configurations for a new leasing program.
Property Size2,738 SF
Lot Size0.14 Acres
Price / SF$566.11
Days on Market4
Property Features for 1325 W 24th Street
General Information
Standard status
Active
Size
2,738 SF
Lot size
0.14 Acres
Property subtype
Triplex
Site & Location
Neighborhood
University Park
Public Transit
Yes
Units
Unit Mix
2 x 4BR/4BA, 1 x 3BR/3BA
Multifamily Units
3
Additional Details
Asking Price
$1,550,000
Building Details
Building Size
2,738 SF
Year Built
2023
Listing Agency:
Keller Williams R. E. Services
Listed By:
Kirk Garabedian · License #01216376
(818) 588-0072
Source:
Truthrealty
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 4 at 2:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams R. E. Services
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Investment Insights
Based on property information with market context.
This three-unit residential property combines a newly built, two-story duplex at the front with a renovated rear residence. The duplex was completed in 2023; the rear unit dates to approximately 1922. Together, the units contain 11 bedrooms and 11 bathrooms, arranged as two four-bedroom, four-bathroom residences and one three-bedroom, three-bathroom residence. Building area is approximately 2,738 square feet on a 5,903-square-foot lot. All units are vacant, and the projected capitalization rate is 6.53%.
At 1325-1327 W. 24th Street in Los Angeles, the property is approximately one mile from USC’s University Park Campus. Exposition Park, Downtown Los Angeles, public transportation, dining, and shopping are also identified nearby.
At 1325-1327 W. 24th Street in Los Angeles, the property is approximately one mile from USC’s University Park Campus. Exposition Park, Downtown Los Angeles, public transportation, dining, and shopping are also identified nearby.
Key Highlights
- Three residential units, all delivered vacant
- Approximately 2,738 square feet of building area on a 5,903‑square‑foot lot
- Two‑story front duplex completed in 2023; renovated rear unit dates to circa 1922
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,235
Businesses Nearby
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Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences are vacant, with varied bedroom configurations for a new leasing program.
Where is this triplex located?
The property is located at 1325 W 24th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Three residential units, all delivered vacant; Approximately 2,738 square feet of building area on a 5,903‑square‑foot lot; Two‑story front duplex completed in 2023; renovated rear unit dates to circa 1922
